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Feb 7, 2013
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during my courtesy calls with many of you, i heard represented references to our trust deficit which has existed at times between this communit committeee cia. it would be wholly unacceptable to me. and i would make it a goal on day one of my tenure and every day thereafter to strengthen the trust between us. i have a reputation for speaking my mind, and at times in a direct manner, which some tribute to my new jersey roots. i hope that my candor will ensure that you get straight answers from me. maybe not the ones that you like, but you will get answers and they will reflect my honest views. that's the commitment that i make to you. i would like to say a few words about the importance of the men and women who serve in the cia. because of the confidence it requires, few americans will never notify the extraordinary sacrifices that these individuals and their families make every day. many risk their lives and at times have given their lives to keep us safe. if confirmed, i would make it my mission, in partnership with the congress to be make sure that the men and women have the trade,
during my courtesy calls with many of you, i heard represented references to our trust deficit which has existed at times between this communit committeee cia. it would be wholly unacceptable to me. and i would make it a goal on day one of my tenure and every day thereafter to strengthen the trust between us. i have a reputation for speaking my mind, and at times in a direct manner, which some tribute to my new jersey roots. i hope that my candor will ensure that you get straight answers from...
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Feb 6, 2013
02/13
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we talk about debt and deficit a lot. according to the cbo report our debt is growing, the deficit has come down. what can you tell us about the discrepancy there? >> right. well the federal budget deficit is about half of what it was in 2009, this is the yearly federal expenditures, right stp-t budget battle in washington continues to be a philosophical debate on spending cuts versus taxes, and what the right battle should be to fix our fiscal mess. do we swallow the bitter pill now for cuts and higher taxes to purchase growth in the future or do we reign in taxes. they need to know what to do about 85 billion in spinning cuts. republicans, no surprise said spending cuts only, that's been the mantra. jenna: that's where they are. and we'll see where potentially we meet in the middle. eventually we'll have to do something. big numbers out there. lori, thank you. jon: speaking of spending cuts, big changes could be coming to your mailbox. the u.s. postal service set to scrap saturday mail delivery. but does that cash-strap
we talk about debt and deficit a lot. according to the cbo report our debt is growing, the deficit has come down. what can you tell us about the discrepancy there? >> right. well the federal budget deficit is about half of what it was in 2009, this is the yearly federal expenditures, right stp-t budget battle in washington continues to be a philosophical debate on spending cuts versus taxes, and what the right battle should be to fix our fiscal mess. do we swallow the bitter pill now for...
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Feb 5, 2013
02/13
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under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next ten years u.s. debt will increase $10 trillion from a little more than 16 trillion-dollar now to more than $26 trillion in 2023. >> you can't raise enough tax to say pay for this problem. you won't grow fast enough to get rid of this problem. you ultimately have to deal with spending. >> after 2023, the debt begins to soar. >> after that it's going to grow and reach the trillion and go beyond the trillion. so at no point in the foreseeable future is the deficit going to come down to manageable level. >> noting repeatedly high debts are bad and dangerous as he put
under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next...
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Feb 4, 2013
02/13
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this the in the new normal no interest in bringing down the deficit or the debt. >> we just did this whole fiscal cliff thing at the end of the year. we thought hey had a deal where we're going to raise revenues this way and cut spending this way, blah blah blah. listen to what president barack obama said just this past sunday. >> there's no doubt we need additional revenue. coupled with smart spending reductions, in order to bring down our deficit. >> was he crossing his fingers behind his back when he negotiated the fiscal cliff deal? sounds like he is going after more revenue. >> he'll never stop trying to raise taxes. whether or not he can succeed i don't know. he comes out of a far left ideology that believes in class warfare and radical wealth restriction and to feed that you need tax revenue coming from the so-called 1% on whom he raised tax throw it the fiscal cliff deal. he knows the real now is with the mitting class so he is coming for you. so -- >> wait, wait. right there want you to listen to this. this is also what he said. >> can we close some loopholes and deductions
this the in the new normal no interest in bringing down the deficit or the debt. >> we just did this whole fiscal cliff thing at the end of the year. we thought hey had a deal where we're going to raise revenues this way and cut spending this way, blah blah blah. listen to what president barack obama said just this past sunday. >> there's no doubt we need additional revenue. coupled with smart spending reductions, in order to bring down our deficit. >> was he crossing his...
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Feb 6, 2013
02/13
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deficit reduction is not a priority. martha: the president believes the economy is getting back on track. so let the folks decide. stuart, thank you very much. gregg: according to the cbo. by the end of the year the federal debt held by the american people will be 76% of the gdp and it doesn't get much better from there. martha: the cbo also predicting unemployment will be with us for some time to come. here is the director of the cbo. >> under current law we expect the unemployment rate will remain above 7.5%. that would make 2014 the 6th year in a row with unemployment so high. the longest such period in 70 years. martha: the unemployment rate has been above 7% since december of 2008. and most recent monthly number ticked up from 7.9% from 7.8%. not a good trend. when you look at some of these numbers it makes it a tough argument for economic recovery. but the president remains convinced we are starting to see it. gregg: poverty is up. incomes are down. so the arrow is going the wrong way. in the meantime president oba
deficit reduction is not a priority. martha: the president believes the economy is getting back on track. so let the folks decide. stuart, thank you very much. gregg: according to the cbo. by the end of the year the federal debt held by the american people will be 76% of the gdp and it doesn't get much better from there. martha: the cbo also predicting unemployment will be with us for some time to come. here is the director of the cbo. >> under current law we expect the unemployment rate...
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Feb 4, 2013
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if you combine those together you cannot only reduce the deficit but continue to invest in things like education and research and development that are going to help us grow. >> just a few hours from now president obama will continue his push for gun control. the heated topic on sunday talk shows. kelly wright is life in washington can more. >> president obama will travel to minneapolis the city that is making steps to curb gun violence. he will talk about the issue that can be taken on the federal level to reduce gun violence. it shows deep de visions over what toe do about curbing the violence. a former navy man watched his wife traumatic giffords watch his wife give testimony before. she was one of several people shot by deranged gunman. he tells fox news he believes there are responsibility solutions that can be taken. >> there are common sense things that we can do to make this country a lot safer. sun i have sal criminal background check, identifying the mentally ill and getting those records into the system. >> but kelly says while background checks kept guns from calling into th
if you combine those together you cannot only reduce the deficit but continue to invest in things like education and research and development that are going to help us grow. >> just a few hours from now president obama will continue his push for gun control. the heated topic on sunday talk shows. kelly wright is life in washington can more. >> president obama will travel to minneapolis the city that is making steps to curb gun violence. he will talk about the issue that can be taken...
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Feb 7, 2013
02/13
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the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and we'll have done nothing to reform the way we spend money and put our country on a sound physical track. >> of course, pete, as we talk about cutting back, our enemies are ramping up and you see north korea doing more testing and iran moving possibly closer to nuclear weapons. do our enemies overseas pay attention to our budget woes and our plans here at home? >> sure they do. they look at our capabilities. they look at our disposition. they perceive us differently when we're perceived to be drawing back and pulling away from the world and cutting our capability. so, what happens in washington is
the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and...
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Feb 5, 2013
02/13
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they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might be the latest pain at the pump. . . . ..
they are not sure they want to use that money to lor lower the deficit. that is one of the issues that will need to be resolved as the president and congress workout this deal to avoid this sequester, gregg. gregg: the republicans didn't win the last tax battle. we'll wait and see. wendell goler live at the white house. thank you. martha: there are new questions today about the biggest gas price skwrupl nap years in some states. what is going on out there? we'll have new details and what might...
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Feb 12, 2013
02/13
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bithe end of his first term and we've seen record deficits, record spending, trillion dollars-plus deficits for as long as president obama has been in office. >> and the senate republican leader, mitch mcconnell, says the president's gotten all the tax increases that he's going to get. back to you all in new york. >> gretchen: molly henneberg live at the white house today. thanks. >> brian: should be interesting to see if ted nugent will be there. he's got an invitation from a congressman and perhaps an illegal immigrant being tossed out. so that's going to be an interesting dynamic. >> steve: lot going on. in other headlines this morning, one day after the state of the union address, president obama once again planning to bypass congress of the he's set to issue an executive order tomorrow on what companies must do to protect computers from cyber attacks. good. he failed to get the cyber intelligence sharing and protection act passed by congress. the reason? republican party is concerned that the bill would expand the government's regulatory power and increase costs for businesses. both im
bithe end of his first term and we've seen record deficits, record spending, trillion dollars-plus deficits for as long as president obama has been in office. >> and the senate republican leader, mitch mcconnell, says the president's gotten all the tax increases that he's going to get. back to you all in new york. >> gretchen: molly henneberg live at the white house today. thanks. >> brian: should be interesting to see if ted nugent will be there. he's got an invitation from a...
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Feb 5, 2013
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earlier today cantor spoke about fiscal discipline, pressing the president to lead the way in deficit reduction. >> we want to see from the president how long he thinks it should take to balance a budget and how he's going to do it. you know, at the end of the day all of us are here trying to improve the prospects for a brighter future for all americans. >> reporter: while cantor is expected to talk more about the economy in a speech today, he's also likely to discuss education and health care. one capitol hill watch every says he's trying to get more people under the gop tent. >> trying to resell and remessage republican philosophy. it's not a change. it's not amending the republican agenda. thisit's not switching out their principles, but trying to put a fresh look on what their agenda is and trying to frame it as a pragmatic, useful, helpful agenda that makes your life work better. >> reporter: stoddard says cantor is one of the younger gop lawmakers trying to put forward a modern image of the party while still adhering to conservative principles. jenna? jenna: molly henneberg live
earlier today cantor spoke about fiscal discipline, pressing the president to lead the way in deficit reduction. >> we want to see from the president how long he thinks it should take to balance a budget and how he's going to do it. you know, at the end of the day all of us are here trying to improve the prospects for a brighter future for all americans. >> reporter: while cantor is expected to talk more about the economy in a speech today, he's also likely to discuss education and...
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Feb 4, 2013
02/13
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if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem not a revenue problem. revenues this year are anticipated to be above the year they were in fiscal '08. they are going to be over $2.9 trillion over $2 trillion. spending has increased more rapidly than revenues. the tax revenues we got as a result of raising the rates on the top two brackets was eaten up about it congress in one spending bill proposed about it administration, the sandy relief measure. we have a spending problem and it's going to get worse. martha: during the campaign we heard from governor romney about changing the structure of the tax code long term instead of just raising taxes and d
if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem...
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Feb 4, 2013
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let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to tell you it is irresponsible for it to happen. i mean, why -- why in god's name would members of congress elected by the american people take a step that would badly damage our national defense, but more importantly undermine the support for our men and women in uniform? why would you do that? >>brian: that is inaccurate. it is the president who proposed these sequester cuts. this isn't congress doing that. and republican fear about these cuts, would you say that's accurate? >> i would say it's accurate. there is a growing resignation to them on the hill for some reason. i was there two weeks ago. everyone seems resigned to
let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to...